Gaining access will be the lift as the product competes with the financing processes (margin lending, Delta 1, Sec Lending and Equity Repo) at the...
If you are looking to establish short delta exposure in particular names you should consider selling SSF instead. In this way you are selling a...
http://www.almcms.com/contrib/content/uploads/sites/292/2017/08/Complaint.pdf This is the original.
A new lawsuit was filed today by a second law firm. The first was filed last fall with the plaintiffs being 3 pension funds. That complaint was...
Clarifying language to extend IRC 1058 to exchange traded products was in a piece of legislation that was not part of the broader tax reform...
Securities Lending fees are expressed as an interest rate. Changes in these interest rates affect forward values but not spot prices. Perhaps...
Our products compete with equity finance desks generally. We do not route orders and I don't envision every doing that. Firms can continue to...
Sorry for the delay. "put up barriers to discourage day trading" - why? you don't want to make money? I think there are plenty of execution arenas...
I am sorry for the confusion. I have re-read my post and concluded that if I were to write it again it would be the same language. Let me...
I really didn't know there were Spy futures. But , why Spy futures are in cntango and not in backwardation as is supposed to be. Equity...
Yes. I did discuss earlier in this thread our efforts to move towards trading out to four decimals in our CLOB. This will allow us to convert...
SSF are a tool used by investors who hold assets for term. It is not a product to be scalped in and out of. The primary use of this Delta 1...
There have been two requests. Neither has made it past presubmission discussions with SEC staff. CBOE pulled a request without comment a few...
SEC has historically refused to allow for cash settled derivatives. There have been some rule filings by exchanges that have been subsequently...
General Collateral - widely available underlyings. Hard to Borrow (HTB or 'specials') are underlyings that are more difficult to find a locate...
Sorry...my poor typing: "......but you can't reprice if rates go higher.
HTB as well. Transfer the underlying and replace with a Delta 1 equivalent derivative priced at a discount which represents the borrow fee....
Liquidity is in the eye of the beholder. We do not have thousands of 1 lots massed on the bid and ask 1 to three ticks apart. Our liquidity...
You could sell a Delta 1 Single Stock Future.
Separate names with a comma.